Kestra Investment Management LLC Invests $603,000 in EPR Properties (NYSE:EPR)

Kestra Investment Management LLC purchased a new stake in EPR Properties (NYSE:EPR - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 13,625 shares of the real estate investment trust's stock, valued at approximately $603,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning grew its holdings in EPR Properties by 37.9% in the third quarter. Creative Planning now owns 22,552 shares of the real estate investment trust's stock worth $1,106,000 after purchasing an additional 6,199 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in EPR Properties by 21.4% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 15,307 shares of the real estate investment trust's stock worth $751,000 after purchasing an additional 2,695 shares during the last quarter. V Square Quantitative Management LLC acquired a new stake in EPR Properties in the 3rd quarter worth approximately $27,000. Blue Trust Inc. boosted its stake in EPR Properties by 67.2% in the 3rd quarter. Blue Trust Inc. now owns 709 shares of the real estate investment trust's stock worth $35,000 after purchasing an additional 285 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in shares of EPR Properties by 398.0% in the third quarter. Raymond James & Associates now owns 154,198 shares of the real estate investment trust's stock worth $7,562,000 after buying an additional 123,233 shares during the last quarter. Hedge funds and other institutional investors own 74.66% of the company's stock.

Analysts Set New Price Targets

EPR has been the topic of a number of research analyst reports. UBS Group began coverage on shares of EPR Properties in a report on Thursday, November 14th. They set a "neutral" rating and a $48.00 price objective on the stock. Royal Bank of Canada reissued an "outperform" rating and issued a $50.00 target price on shares of EPR Properties in a research report on Thursday, January 30th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $47.94.

EPR Properties Stock Performance

EPR traded down $0.12 during midday trading on Friday, hitting $49.42. 1,036,136 shares of the company were exchanged, compared to its average volume of 554,376. The company's 50 day simple moving average is $46.10 and its 200 day simple moving average is $46.39. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 21.39 and a beta of 1.75. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. EPR Properties has a 1-year low of $39.65 and a 1-year high of $50.26.

EPR Properties Dividend Announcement

The business also recently declared a feb 25 dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be given a dividend of $0.285 per share. This represents a yield of 7%. The ex-dividend date is Friday, February 28th. EPR Properties's dividend payout ratio is currently 148.05%.

EPR Properties Profile

EPR Properties NYSE: EPR is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.